The Uniform Certified Public Accountant Examination (UCPAE) is often referred to by this abbreviated title of “the CPA Exam.”
To become a Certified Public Accountant (CPA), you must pass the CPA Exam. The American Institute of Certified Public Accountants (AICPA) constructed the exam to be rigorous enough to protect the public interest by ensuring that only very qualified people can become licensed as Certified Public Accountants (CPAs) while encompassing a basic knowledge of a wide range of accounting subjects. Failure rate is high (54%).
While the test is written by the AICPA, it is given by Prometric at its 300+ testing centers in multiple cities within each of the 54 U.S. jurisdictions (the 50 U.S. states and four U.S. territories). (See “Jurisdictions.”) Since the test is exactly the same, you can sit for the exam at any location, even a Prometric test center outside the state in which you are approved to sit for the exam.
Thus, if you are a college student from Rhode Island who meets the qualifications for the CPA Exam in Texas (where you were hired and will start after graduation), you can sit for the exam in Rhode Island. The scores are sent to Texas and then on to you.
Preparation entails studying for the exam with a combination of study tools and materials which fit your learning style and budget. Study materials may include online textbooks, printed textbooks, video lectures by university professors with printable lecture slides, electronic flash cards, printed flash cards, professor mentoring, candidate discussion groups, private discussion groups, diagnostic tests and an electronic test bank of 5,100 past CPA Exam questions with answers and rationales.
Each jurisdiction has its own requirements you must meet before you can sit for the exam.
CPA Exam Preparations: The American Institute of Certified Public Accountants (AICPA) writes and scores the Uniform Certified Public Accountant Examination (UCPAE), otherwise known as the CPA Exam. CPA Exam Preparations consist of two separate categories: * Study Materials: According to AICPA, only 46% of those who take the CPA Exam each year pass it. Thus it behooves you to use CPA Exam Preparation materials to learn the content, scope, and complexity of the topics which are tested on the exam format as well as the manner in which the test is delivered.
Study materials include but are not limited to: professor mentoring, professor video lectures with printable slides, professor-authored textbooks, Personalized Exam Planning, Course Manager, Private Study Groups, Proficiency Questions, Past Exam Questions; Simulations, Electronic Flash Cards, Exam Tutor, Diagnostic Exams, Performance Metrics, Simulated CPA Exams, Online Library and CPAexcel Final Review.
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